Saturday, June 10, 2017

Guwahati: National carrier Air India today said it will not place any order for new aircraft till there is clarity on its future course, including possible privatisation.

The airline, however, said all the existing orders will be respected and new aircraft are being added to the fleet.

"Whatever has been ordered in the past, that is there," Air India Chairman and Managing Director Ashwani Lohani told reporters here, adding that no fresh orders will be placed right now.
Ordering of new planes is a long-term process by Air India and it usually takes 6-9 months, he added.

Asked how long the company would go without placing fresh orders, Lohani said: "We do not know. We have to keep on running the airline. There is no decision on that."
He, however, denied reports that some old orders have been cancelled.
10/06/17 PTI/Economic Times